Discontinued — last reported Q2 '23

Other

Market Risk Benefit, after Reinsurance and Cumulative Increase (Decrease) from Instrument-Specific Credit Risk Change

Apollo Global Management Market Risk Benefit, after Reinsurance and Cumulative Increase (Decrease) from Instrument-Specific Credit Risk Change increased by 2.2% to $4.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 26.2%, from $3.68B to $4.64B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ2 2023

How to read this metric

A lower net value indicates effective hedging and risk management of market-sensitive insurance liabilities.

Detailed definition

This is the net fair value of market risk benefits after accounting for both reinsurance recoveries and credit risk adju...

Peer comparison

Key metric for assessing net market risk retention in insurance-linked asset management.

Metric ID: other_market_risk_benefit_after_reinsurance_and_cumulati_534233

Historical Data

6 periods
 Q1 '24Q2 '24Q3 '24Q4 '24Q3 '25Q4 '25
Value$3.33B$3.34B$4.05B$3.68B$4.54B$4.64B
QoQ Change+0.2%+21.3%-9.2%+23.5%+2.2%
YoY Change+12.2%+26.2%
Range$3.33B$4.64B
CAGR+30.5%
Avg YoY Growth+19.2%
Median YoY Growth+19.2%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ3 '25Q4 '25
Indexed Annuities$4.34B$4.44B
Traditional Deferred Annuities$204.00M$205.00M
Total$4.54B$4.64B

Frequently Asked Questions

What is Apollo Global Management's market risk benefit, after reinsurance and cumulative increase (decrease) from instrument-specific credit risk change?
Apollo Global Management (APO) reported market risk benefit, after reinsurance and cumulative increase (decrease) from instrument-specific credit risk change of $4.64B in Q4 2025.
How has Apollo Global Management's market risk benefit, after reinsurance and cumulative increase (decrease) from instrument-specific credit risk change changed year-over-year?
Apollo Global Management's market risk benefit, after reinsurance and cumulative increase (decrease) from instrument-specific credit risk change increased by 26.2% year-over-year, from $3.68B to $4.64B.
What does market risk benefit, after reinsurance and cumulative increase (decrease) from instrument-specific credit risk change mean?
The net market risk exposure remaining after accounting for reinsurance and credit risk adjustments.